An Act authorizing the town of Holliston to establish a means-tested senior citizen property tax exemption for debt exclusion construction projects
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill allows the town of Holliston, Massachusetts, to create a property tax exemption for eligible senior citizens. The exemption would apply specifically to property taxes related to debt exclusion construction projects, meaning renovations or improvements funded through debt. The exemption would be means-tested, meaning eligibility would be based on the senior citizen’s income and assets. This aims to provide financial relief to seniors in Holliston who may be impacted by these types of construction projects.
Key provisions
- Authorizes Holliston to establish a property tax exemption.
- The exemption applies to property taxes related to debt exclusion construction.
- The exemption is means-tested, based on senior citizen income and assets.
- The town of Holliston must implement the exemption program.
Who is affected
- Senior citizens in Holliston
- Property owners in Holliston
- The town of Holliston
Notable changes
- Introduces a new property tax exemption for seniors.
- Specifies that the exemption applies only to debt exclusion construction projects.
Bill text
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Sponsors
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2 on record
Primary sponsor
Cosponsor
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